SEC, Hedge Fund Settle on Disclosure

Quattro Pays Fine
For Failing to Show
Holdings for 3 Years

By

Kara Scannell

Updated Aug. 16, 2007 12:01 a.m. ET

The Securities and Exchange Commission reached a settlement with a New York hedge fund for failing to disclose its investment holdings for three years, a move that spotlights a debate over how much hedge funds should disclose about their activities.

Quattro Global Capital LLC, a hedge fund with $900 million in assets, agreed to a cease and desist order and to pay a $100,000 penalty for not disclosing its investment positions from 2002...